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Ray E Lamb

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NEWS
January 10, 1992 | CHRISTOPHER PUMMER and CAITLIN ROTHER, SPECIAL TO THE TIMES
The FBI is investigating Ventura County's largest independent real estate broker for possible bank fraud, The Times has learned. Lamb Realty and an escrow company also owned by Ray E. Lamb allegedly overstated to lenders the values of homes for sale, so the excess amount could be used as down payments by buyers who otherwise would not qualify for the loans, real estate sources said.
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CALIFORNIA | LOCAL
October 4, 1997 | MACK REED, TIMES STAFF WRITER
Ray Emery Lamb, once the chief of Ventura County's largest real estate brokerage, surrendered to U.S. marshals Friday to answer charges of bankruptcy fraud. Lamb, 50, of Thousand Oaks, appeared briefly before U.S. Magistrate Judge Stephen J. Hillman after a grand jury indicted him on charges that he hid his part ownership of a Pacoima coin-operated laundry from creditors, then sold it for a hefty profit.
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CALIFORNIA | LOCAL
January 12, 1992 | CHRISTOPHER PUMMER and CAITLIN ROTHER, SPECIAL TO THE TIMES
The FBI is investigating a Ventura County real estate brokerage that also operates in the San Fernando Valley for possible bank fraud violations, The Times has learned. Lamb Realty and an escrow firm also owned by Ray E. Lamb allegedly overstated to lenders the selling prices of homes so that the excess amount could be used by buyers who lacked the necessary down payment to qualify for mortgages, real estate sources said.
CALIFORNIA | LOCAL
January 12, 1992 | CHRISTOPHER PUMMER and CAITLIN ROTHER, SPECIAL TO THE TIMES
The FBI is investigating a Ventura County real estate brokerage that also operates in the San Fernando Valley for possible bank fraud violations, The Times has learned. Lamb Realty and an escrow firm also owned by Ray E. Lamb allegedly overstated to lenders the selling prices of homes so that the excess amount could be used by buyers who lacked the necessary down payment to qualify for mortgages, real estate sources said.
CALIFORNIA | LOCAL
October 4, 1997 | MACK REED, TIMES STAFF WRITER
Ray Emery Lamb, once the chief of Ventura County's largest real estate brokerage, surrendered to U.S. marshals Friday to answer charges of bankruptcy fraud. Lamb, 50, of Thousand Oaks, appeared briefly before U.S. Magistrate Judge Stephen J. Hillman after a grand jury indicted him on charges that he hid his part ownership of a Pacoima coin-operated laundry from creditors, then sold it for a hefty profit.
CALIFORNIA | LOCAL
March 10, 1991 | JACK SEARLES, SPECIAL TO THE TIMES
Lamb Realty, which has eight branches in Los Angeles and Ventura counties, had its license revoked eight months ago for negligence and improper supervision of its agents but has been allowed to remain open under close state supervision.
CALIFORNIA | LOCAL
March 9, 1991 | JACK SEARLES, SPECIAL TO THE TIMES
Ventura County's largest independently owned real estate broker, Lamb Realty, had its license revoked eight months ago for negligence and improper supervision of its agents but has been allowed to remain open under close state supervision, the state Department of Real Estate disclosed Friday.
BUSINESS
August 24, 1993 | JACK SEARLES
Three formerly company-owned Coldwell Banker real estate offices in Ventura County have been sold to a Santa Monica company that will operate them as Coldwell franchises. In a related move, the Coldwell Banker unit in Camarillo has moved into the Lamb Realty office in that city and Lamb, a fixture in Camarillo real estate since the 1970s, has shut down its Camarillo operation. The countywide realignment affects about 100 real estate agents in Ventura, Camarillo and Simi Valley.
CALIFORNIA | LOCAL
September 9, 1990 | JACK SEARLES
While the Ventura County economy is in a general slowdown, most real estate experts now agree that the local housing market has been hit hardest of all. Single-family house sales in the county were off by nearly one-quarter in July from the previous year. The median sales price of single-family houses dropped a whopping $2,665 from June to July and $12,311 from a year ago.
NEWS
January 10, 1992 | CHRISTOPHER PUMMER and CAITLIN ROTHER, SPECIAL TO THE TIMES
The FBI is investigating Ventura County's largest independent real estate broker for possible bank fraud, The Times has learned. Lamb Realty and an escrow company also owned by Ray E. Lamb allegedly overstated to lenders the values of homes for sale, so the excess amount could be used as down payments by buyers who otherwise would not qualify for the loans, real estate sources said.
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